What is the cost of living in Banning, CA?
According to the most recent data on the cost of living, Banning has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to California, Banning has a cost of living index that's 0.8x lower than California's index of 142.
The standard of living in Banning ranks as #89 most affordable out of the 634 places we measured in California. By definition, that implies Banning ranks as the #545 most expensive place in the Golden State.
For more reading on life in Banning, check out:
Banning Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Banning. Here is how it fares on each of the criteria:
The Services index in Banning is 111.
The Groceries index in Banning is 114.
The Health index in Banning is 126.
The Housing index in Banning is 114.
The Transportation index in Banning is 117.
The Utilities index in Banning is 118.
| Living Expense | Banning | California | National Average |
|---|---|---|---|
| Overall | 119 | 142 | 100 |
| Services | 111 | 110 | 100 |
| Groceries | 114 | 118 | 100 |
| Health | 126 | 197 | 100 |
| Housing | 114 | 120 | 100 |
| Transportation | 117 | 121 | 100 |
| Utilities | 118 | 121 | 100 |
Banning Cost Of Living Compared To California Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around California, check out:
Protect your home budget Compare home warranties in Banning Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Banning, CA Housing Cost Breakdown
Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Banning is $414,128.
The Median Rent in Banning is $1,650.
The Median Income in Banning is $61,764.
The Home Value To Income in Banning is 6.7x.
The Rent To Monthly Income in Banning is 0.32x.
| Statistic | Banning | California | United States |
|---|---|---|---|
| Median Home Value | $414,128 | $774,581 | $332,700 |
| Median Rent | $1,650 | $2,036 | $1,413 |
| Median Income | $61,764 | $99,122 | $80,734 |
| Home Value To Income | 6.7x | 7.8x | 4.1x |
| Rent To Monthly Income | 0.32x | 0.25x | 0.21x |
Banning, CA Costs By Category
Detailed Banning Services costs vs. California
| Item | Banning | California |
|---|---|---|
| Shampoo | $1.34 | $1.28 |
| Movie | $11.04 | $12.13 |
| Bowling | $21.11 | $18 |
| Haircut | $27.27 | $24.26 |
| Beauty Salon | $41.78 | $45.56 |
Detailed Banning Groceries costs vs. California
| Item | Banning | California |
|---|---|---|
| Ground Beef | $5.89 | $5.84 |
| Fried Chicken | $3.49 | $1.57 |
| Milk | $4.92 | $4.67 |
| Potatoes | $4.92 | $4.93 |
| Pizza | $15.31 | $12.09 |
| Beer | $10.26 | $10.41 |
| Toothpaste | $3.61 | $3.7 |
Detailed Banning Health costs vs. California
| Item | Banning | California |
|---|---|---|
| Optometrist | $112.92 | $125.68 |
| Doctor | $95.5 | $135.78 |
| Dentist | $117.28 | $113.29 |
Detailed Banning Transportation costs vs. California
| Item | Banning | California |
|---|---|---|
| Gasoline | $4.75 | $3.46 |
| Tire Balancing | $61.38 | $59.92 |
Detailed Banning Utilities costs vs. California
| Item | Banning | California |
|---|---|---|
| All Electricity | $378.97 | $193.99 |
| Phone | $180.31 | $192.25 |
Banning SnackAbility
Cost Of Living In Cities Around Banning
The cost of living varies in the cities and towns around Banning. Here's a quick look at the cost of living in the most populous nearby places:
Moreno Valley, CA has a cost of living index of 136, 1.1x Banning.
Redlands, CA has a cost of living index of 145, 1.2x Banning.
Highland, CA has a cost of living index of 133, 1.1x Banning.
| City | Population | Cost Of Living | Vs. Banning |
|---|---|---|---|
| Moreno Valley, CA | 211,666 | 136 | 1.1x |
| Redlands, CA | 73,375 | 145 | 1.2x |
| Highland, CA | 56,675 | 133 | 1.1x |
| Beaumont, CA | 56,266 | 131 | 1.1x |
| San Jacinto, CA | 55,180 | 122 | 1.0x |
| Yucaipa, CA | 54,421 | 136 | 1.1x |
| East Hemet, CA | 20,257 | 125 | 1.1x |
| Valle Vista, CA | 18,602 | 113 | 0.9x |
| Calimesa, CA | 10,902 | 124 | 1.0x |
| Mentone, CA | 9,514 | 128 | 1.1x |
